23 Main StFarmingdale, NJ 07727

  • Commercial real estate
  • 4,412 SF
For Sale
$350,000 View listing

Property Details for 23 Main St

Year built
1920
Lot size
0.51 AC
Property size (Sq ft)
4,412 SF
Property type
Commercial real estate
APN
15 00015-0000-00030
APU
1500015000000030

Description

This exceptional opportunity presents a turnkey automotive repair and alignment business located at 23 Main Street, Farmingdale, NJ. Priced at $350,000, this established enterprise boasts a proven track record and a loyal customer base. The sale includes all necessary equipment for immediate operation, eliminating the need for significant upfront investment. The well-equipped shop features three bays serviced by four lifts: one four-post lift, two single-post lifts, and a heavy-duty outdoor lift with an 18,000 lb. capacity and extra height. Included in the sale is a Snap-on John-Beam alignment machine, along with a comprehensive suite of other essential equipment such as various compressors, tire machines, scanners, and a substantial inventory of parts and supplies. This is a sale of the business only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $933,394
    Hospitality
    $854,984
    Educational
    $711,337
    Medical
    $735,801
    Retail
    $1,106,524

Location Insight

City
Farmingdale
County
Monmouth
State
New Jersey
Latitude
40.1996
Longitude
-74.173
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,798
$164,300
$304,100
$468,400
-
$164,300
$304,100
$468,400

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